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Akinwumi Adesina: speeches

130 speeches by Akinwumi Adesina listed between 2 February 2022 and 15 August 2025. Roles covered: President of the African Development Bank Group (1 September 2015 – 31 August 2025). Most frequent topics: development and emerging economies, growth, investment and productivity, climate, energy and nature.

Last updated 10 November 2026 · newest first

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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors African Development Bank Group and Chairman, Africa50 2025 General Shareholders Meeting Maputo, Mozambique August 13, 2025

ContextOpening speech at the Africa50 general shareholders meeting in Maputo, Mozambique; the African Development Bank finances Africa's development and struggles to attract enough private capital to infrastructure.

Why it mattersThe outgoing AfDB president reviews Africa50's role in turning infrastructure plans into financed projects.

Problems raised
  1. Africa's infrastructure needs are huge.
  2. Investment interest must become deals.
  3. Private capital is not mobilised enough.
Solutions proposed
  1. Use Africa50 to develop infrastructure.
  2. Mobilise investment through the Africa Investment Forum.
  3. Partner with other development banks.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors, African Development Bank Group At the Signing Ceremony for Mandated Lead Arranger New Bishoftu Airport of Ethiopia Skylight Hotel Addis Ababa, Ethiopia

ContextRemarks at a signing ceremony in Addis Ababa for the financing of Ethiopia's new Bishoftu airport; the African Development Bank finances Africa's development and works to close its infrastructure gap.

Why it mattersThe bank takes charge of gathering lenders for one of the largest aviation projects on the continent.

Problems raised
  1. Large infrastructure projects need financing.
  2. Ethiopia needs a new airport.
  3. Coordination of lenders is complex.
Solutions proposed
  1. Act as mandated lead arranger.
  2. Mobilise lenders for the Bishoftu airport.
  3. Support Ethiopia's infrastructure.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiTilting Global Capital for Unlocking Investment Opportunities in Africa Keynote Speech by Dr. Akinwumi A. Adesina Standard Chartered Bank Africa Summit July 31, 2025 Lagos, Nigeria

ContextKeynote at the Standard Chartered Bank Africa Summit in Lagos, Nigeria; the African Development Bank finances Africa's development and seeks to draw global capital to the continent.

Why it mattersIt identifies legal and regulatory obstacles that keep global capital away from Africa and proposes regional fixes.

Problems raised
  1. Global capital bypasses Africa.
  2. Business and legal environments deter investors.
  3. Regulatory frameworks are not harmonised.
Solutions proposed
  1. Improve rule of law and contract enforcement.
  2. Harmonise financial regulation across countries.
  3. Build trusted investment platforms.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors, African Development Bank Group Monrovia, Liberia July 22, 2025

ContextSpeech in Monrovia before Liberia's President at the launch of the Youth Entrepreneurship Investment Bank; the African Development Bank finances Africa's development and focuses on jobs for young people.

Why it mattersIt backs a dedicated lender to help young Liberians start businesses after years of slow growth.

Problems raised
  1. Liberia faces urgent challenges.
  2. The government must act decisively.
  3. Development partners must coordinate.
Solutions proposed
  1. Take urgent and decisive action.
  2. Support government priorities.
  3. Mobilise Bank financing for Liberia.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiLIBERIA, ARISE AND SHINE! Address to the Government of the Republic of Liberia by Dr. Akinwumi A. Adesina, CON, CGH President and Chairman, Boards of Directors, African Development Bank Group - Monrovia, Liberia July 22, 2025

ContextAddress to the Government of Liberia in Monrovia; the African Development Bank finances Africa's development and supports post-conflict economies in rebuilding.

Why it mattersThe AfDB president urges Liberia's government to tie its plans to measurable results, drawing on the bank's own reforms.

Problems raised
  1. Liberia needs faster development.
  2. Results must be measurable.
  3. Interventions lack coordination.
Solutions proposed
  1. Align plans with measurable results.
  2. Use joint work planning.
  3. Learn from the Bank's High5 overhaul.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKEYNOTE LECTURE - Dr. Akinwumi A. Adesina, CGH President and Chairman of the Boards of Directors, African Development Bank Group

ContextKeynote lecture in Kigali at the 28th Annual Conference on Global Economic Analysis; the African Development Bank finances Africa's development in a world of weakening multilateralism.

Why it mattersIt places Africa's growth prospects within a world of trade wars and weaker multilateralism.

Problems raised
  1. Trade wars and supply disruptions hit Africa.
  2. Debt crises and climate change add pressure.
  3. Capital markets are uncertain.
Solutions proposed
  1. Strengthen multilateralism.
  2. Position Africa in global dynamics.
  3. Invest in Africa's growth.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina, CON, CGH President and Chairman, Boards of Directors The African Development Bank Group - Tanzania High-Level Visit Dodoma Infrastructure Tour

ContextRemarks during a high-level infrastructure tour in Dodoma, Tanzania; the African Development Bank finances Africa's development and works to close the continent's infrastructure gap.

Why it mattersThe AfDB leads a syndicated loan of up to 1.2 billion dollars for Tanzania's standard gauge railway.

Problems raised
  1. Tanzania needs transport infrastructure.
  2. Large projects need syndicated financing.
  3. Private lenders must be mobilised.
Solutions proposed
  1. Lead financing for the Standard Gauge Railway.
  2. Syndicate with Deutsche Bank and Société Générale.
  3. Mobilise up to $1.2 billion.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Akinwumi A. Adesina President of the African Development Bank Group - Libreville, Gabon 16 June 2025

ContextSpeech in Libreville at the inauguration of a drinking water pumping station funded by the bank; the African Development Bank finances Africa's development and seeks wider access to water and sanitation.

Why it mattersThe project brings safer water to thousands of households in the Gabonese capital.

Problems raised
  1. Access to drinking water is inadequate.
  2. Sanitation is lacking.
  3. Water infrastructure needs investment.
Solutions proposed
  1. Fund the integrated water supply programme.
  2. Inaugurate the PK5 pumping station.
  3. Improve water access for citizens.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiMission 300 Private Sector Consultation - 4 June 2025 | London, United Kingdom - Opening Statement by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group

ContextOpening statement at a private sector consultation in London on Mission 300, the plan to connect 300 million Africans to electricity; the African Development Bank finances Africa's development and needs private capital.

Why it mattersUtility losses and closed grids are named as the main obstacles keeping private capital out of African power.

Problems raised
  1. Millions of Africans lack electricity.
  2. Utilities have large losses.
  3. Private investment in power is limited.
Solutions proposed
  1. Pursue Mission 300 for energy access.
  2. Improve utility performance.
  3. Open power generation and grids to private investors.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiFormal Closing Ceremony - 2025 Annual Meetings of the African Development Bank Group - Remarks by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group

ContextClosing ceremony of the bank's 2025 Annual Meetings in Abidjan, the last of the speaker's term; the African Development Bank finances Africa's development and prepares a leadership change.

Why it mattersThe outgoing AfDB president closes his last Annual Meetings by asking shareholders for more support.

Problems raised
  1. Africa's transformation needs funding.
  2. Shareholders must choose investment vehicles.
  3. Priorities require resources.
Solutions proposed
  1. Use the African Development Bank and Fund as vehicles.
  2. Increase shareholder support.
  3. Transform Africa through investment.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiDr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group 2025 Annual Meetings of the African Development Bank Group - Governors Dialogue

ContextGovernors' dialogue at the bank's 2025 Annual Meetings in Abidjan, with finance ministers of member countries; the African Development Bank finances Africa's development and must raise new capital.

Why it mattersMinisters focus on the skills mismatch that leaves millions of young Africans without jobs.

Problems raised
  1. Youth face skills gaps and mismatches.
  2. Employment for youth is insufficient.
  3. Programs are designed without youth.
Solutions proposed
  1. Implement the Skills for Employability action plan.
  2. Include youth as co-creators of solutions.
  3. Unleash youth potential.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiFormal Opening Ceremony 2025 Annual Meetings of the African Development Bank Group - Keynote by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group

ContextKeynote at the formal opening of the bank's 2025 Annual Meetings in Abidjan, before heads of state and governors; the African Development Bank finances Africa's development as global aid shrinks.

Why it mattersThe AfDB opens its Annual Meetings focused on energy access and regional power links across Africa.

Problems raised
  1. Energy access in Africa is low.
  2. Regional interconnections are lacking.
  3. Renewables need investment.
Solutions proposed
  1. Implement the continental energy declaration.
  2. Build regional interconnections.
  3. Invest in renewables and grids.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiWelcome Remarks by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group - President’s Media Welcome Breakfast

ContextWelcome remarks at a media breakfast before the bank's 2025 Annual Meetings in Abidjan; the African Development Bank finances Africa's development and must explain its results to the public.

Why it mattersThe outgoing AfDB president presents a decade of results in health, transport, water and food security.

Problems raised
  1. Millions lacked basic services.
  2. Results must be communicated.
  3. Development needs remain.
Solutions proposed
  1. Report results in health, transport and food security.
  2. Expand water, sanitation and electricity access.
  3. Engage the media.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors, African Development Bank Group At the Commissioning of the Praia Technology Park - Praia, Cabo Verde - 5 May 2025

ContextSpeech in Praia at the commissioning of the bank-funded Praia Technology Park in Cabo Verde; the African Development Bank finances Africa's development and backs digital jobs for young people.

Why it mattersThe project gives Cabo Verde fibre connectivity and space for digital start-ups to create jobs.

Problems raised
  1. Cabo Verde needs a digital economy.
  2. Connectivity infrastructure is limited.
  3. Tech jobs are scarce.
Solutions proposed
  1. Commission the Praia Technology Park.
  2. Invest in fibre optic connectivity.
  3. Support digital entrepreneurship.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiAdvancing Africa’s Positioning within Global Development and Geopolitical Dynamics - Lecture delivered by Dr. Akinwumi A. Adesina, CON, CGH President and Chairman, Boards of Directors African Development Bank Group

ContextLecture on Africa's place in global development and geopolitics; the African Development Bank finances Africa's development and seeks a stronger African voice in world finance.

Why it mattersIt argues that Africa is underrepresented in global negotiations despite its investment potential.

Problems raised
  1. Africa is under-represented in global discussions.
  2. Geopolitics shifts investment.
  3. Africa's potential is overlooked.
Solutions proposed
  1. Prioritise Africa in global negotiations.
  2. Highlight Africa's investment opportunities.
  3. Position Africa strategically.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group - Groundbreaking Ceremony for the Launch of the Special Agro-Industrial Processing Zones in Kaduna State, Nigeria April 8, 2025

ContextSpeech at the groundbreaking of special agro-industrial processing zones in Kaduna State, Nigeria; the African Development Bank finances Africa's development and promotes local food processing.

Why it mattersThe zones aim to process farm produce locally and create rural jobs in northern Nigeria.

Problems raised
  1. Agriculture is not industrialised.
  2. Processing capacity is low.
  3. Rural jobs are scarce.
Solutions proposed
  1. Launch Special Agro-Industrial Processing Zones.
  2. Partner with state governments.
  3. Transform agriculture into business.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina, President and Chairman of the Boards of Directors African Development Bank Group, at the High-Level Conference on “Scaling Finance for Smallholder Farmers”

ContextSpeech at a high-level conference on scaling finance for smallholder farmers; the African Development Bank finances Africa's development and puts agriculture at the heart of growth.

Why it mattersThe AfDB presents its tools for women farmers and fertiliser finance to close the smallholder credit gap.

Problems raised
  1. Smallholder farmers lack finance.
  2. Women farmers are excluded.
  3. Input suppliers face risks.
Solutions proposed
  1. Use AFAWA for women.
  2. Use the African Fertilizer Financing Mechanism.
  3. Share risks with input suppliers.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina, President and Chairman of the Boards of Directors, African Development Bank Group at the State House event on the Conferment of the Chief of the Order of Golden Heart, C.G.H, Nairobi, Kenya, March 17, 2025

ContextSpeech at State House in Nairobi on receiving Kenya's Order of the Golden Heart; the African Development Bank finances Africa's development and works closely with member governments.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiAfrican Union Summit 38th Ordinary Session of the Assembly of the Heads of State and Government of the African Union Speech by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group

ContextSpeech to African heads of state at the 38th African Union summit in Addis Ababa; the African Development Bank finances Africa's development and needs political support for new financing.

Why it mattersThe AfDB president asks leaders to turn investment interest into signed deals.

Problems raised
  1. Africa needs investment.
  2. Interest must become deals.
  3. Leaders must coordinate.
Solutions proposed
  1. Use the Africa Investment Forum.
  2. Mobilise investment interest.
  3. Engage heads of state.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech by Dr. Akinwumi A. Adesina President and Chairman, Board of Directors African Development Bank Group - Closing Ceremony for the Africa Investment Forum 2024 market Days

ContextClosing keynote at the Africa Investment Forum 2024 Market Days in Rabat; the African Development Bank finances Africa's development and uses the forum to close investment deals.

Why it mattersThe AfDB reports the deals secured at the forum and stresses project preparation.

Problems raised
  1. Africa still attracts too little investment for its needs.
  2. Investors lack bankable, well-prepared projects.
  3. Perceived risk raises the cost of capital.
Solutions proposed
  1. Use the Africa Investment Forum to close deals.
  2. Bring partner institutions together to plan and co-finance.
  3. Prepare projects to investor standards.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech by Dr. Akinwumi A. Adesina President and Chairman, Board of Directors African Development Bank Group - Opening Ceremony 2024 Africa Investment Forum Market Days

ContextOpening keynote at the Africa Investment Forum 2024 Market Days in Rabat; the African Development Bank finances Africa's development and seeks to mobilise private investors.

Why it mattersThe AfDB opens its investment forum to match vetted African projects with institutional capital.

Problems raised
  1. Africa's investment needs far exceed current flows.
  2. Investors lack information to take decisions.
  3. Infrastructure gaps hold back growth.
Solutions proposed
  1. Match investors with vetted projects through the Forum.
  2. Mobilise private and institutional capital.
  3. Partner with host countries to showcase opportunities.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina President and Chairman, African Development Bank Group - High-level Structured Dialogue Platform Meeting on Arrears Clearance and Debt Resolution for Zimbabwe

ContextSpeech at a high-level dialogue meeting on clearing Zimbabwe's arrears and resolving its debt; the African Development Bank finances Africa's development and champions Zimbabwe's debt process.

Why it mattersThe bank ties a resolution of Harare's external arrears to governance and economic reforms backed by creditors.

Problems raised
  1. Zimbabwe carries heavy external arrears.
  2. Debt payments squeeze the national budget.
  3. A weak currency adds pressure on public finances.
Solutions proposed
  1. Pursue a structured dialogue on arrears clearance.
  2. Tie debt resolution to economic and governance reforms.
  3. Rally creditors and partners behind a common plan.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina, President and Chairman, Boards of Directors, African Development Bank Group At the High-Level Event, COP 29 “Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa”

ContextSpeech at a COP29 high-level event in Baku on measuring Africa's natural capital; the African Development Bank finances Africa's development and wants nature counted in national wealth.

Why it mattersThe AfDB argues that counting Africa's natural capital would unlock more climate finance.

Problems raised
  1. GDP ignores the value of Africa's natural capital.
  2. Africa is undervalued in climate finance.
  3. Nature is being depleted without being counted.
Solutions proposed
  1. Measure and integrate natural capital into national accounts.
  2. Use that wealth to unlock climate finance.
  3. Adopt the report's key actions at head-of-state level.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiLecture By Dr. Akinwumi A. Adesina, President, African Development Bank Group On the occasion of the 90th Birthday of H.E. General Yakubu Gowon (rtd.), former Head of State & Commander In Chief of the Armed Forces of the Federal Republic of Nigeria

ContextLecture in Nigeria marking the 90th birthday of former head of state Yakubu Gowon; the African Development Bank finances Africa's development and promotes regional integration.

Why it mattersThe lecture proposes youth entrepreneurship investment banks to finance Nigeria's young people.

Problems raised
  1. Nigeria's young people lack jobs and finance.
  2. Banks see lending to youth businesses as too risky.
  3. National unity and development need stronger foundations.
Solutions proposed
  1. Create youth entrepreneurship investment banks.
  2. Use guarantees to de-risk lending to young entrepreneurs.
  3. Invest equity and debt in youth businesses with technical support.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiFood Security and Financial Sustainability in Africa: The Role of the Church - Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Council of Anglican Provinces of Africa Retreat - July 12, 2024 - Abuja, Nigeria

ContextSpeech in Abuja at a retreat of the Council of Anglican Provinces of Africa; the African Development Bank finances Africa's development and makes food security a priority.

Why it mattersThe AfDB enlists faith institutions in the fight against rising hunger in Africa.

Problems raised
  1. Hunger in Africa is rising.
  2. Climate shocks, conflicts and food price inflation hit the poor.
  3. Africa still imports food it could produce.
Solutions proposed
  1. Scale up agricultural technologies to farmers.
  2. Involve faith institutions in food security efforts.
  3. Build financially sustainable food systems.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Akinwumi A. Adesina President of the African Development Bank Group To mark the opening of National Road 2 Moroni, Union of the Comoros - 5 July 2024

ContextSpeech in Moroni at the opening of the bank-funded National Road 2 in the Comoros; the African Development Bank finances Africa's development and builds transport links.

Why it mattersBetter transport links are presented as key for an island economy cut off from markets.

Problems raised
  1. Comoros suffers from poor transport links.
  2. Public institutions need strengthening.
  3. Private investment is scarce.
Solutions proposed
  1. Renovate national roads.
  2. Invest in sea and air transport.
  3. Support public sector reform and public-private partnerships.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiEnvisioning Africa’s Economic Prospects - Keynote Delivered by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group - Chatham House, 7 June 2024, London

ContextKeynote at Chatham House in London on Africa's economic prospects; the African Development Bank finances Africa's development and seeks to change how investors view the continent.

Why it mattersAdesina argues that Africa's perceived risk exceeds its real risk and deters capital.

Problems raised
  1. Investors see Africa as risky.
  2. Market, currency and political risks deter capital.
  3. Financing needs are large.
Solutions proposed
  1. Use risk mitigation tools.
  2. Promote transparent investment platforms.
  3. Showcase Africa's strong growth prospects.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina President, African Development Bank Group Korea-Africa Summit 4 June 2024 Seoul, Korea

ContextStatement at the first Korea-Africa Summit in Seoul, before Korean and African leaders; the African Development Bank finances Africa's development and courts new partners.

Why it mattersAdesina asks Seoul to expand joint energy financing for the continent.

Problems raised
  1. Africa lacks energy investment.
  2. Growth must be shared and sustainable.
  3. Renewable projects need financing.
Solutions proposed
  1. Expand the Korea-Africa energy co-financing facility.
  2. Scale up Korean support to Africa.
  3. Build partnership for shared growth.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiClosing Speech by Dr. Akinwumi A. Adesina President of the African Development Bank Group - 59th Annual Meetings - Nairobi, Kenya 31 May 2024

ContextClosing speech at the bank's 59th Annual Meetings in Nairobi; the African Development Bank finances Africa's development and wants reform of the global financial architecture.

Why it mattersAdesina urges Africa to trust its own institutions and change how it is portrayed.

Problems raised
  1. Africa relies too much on outside solutions.
  2. Global financial architecture disadvantages Africa.
  3. Africa's image deters investors.
Solutions proposed
  1. Trust and strengthen African institutions.
  2. Write a new narrative for Africa.
  3. Reform global financial architecture.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech by Dr. Akinwumi A. Adesina President and Chairman, Boards of Directors The African Development Bank Group - Annual Meetings, African Development Bank Group - Nairobi, Kenya 29 May 2024

ContextOpening speech at the bank's 2024 Annual Meetings in Nairobi, before Kenya's President and governors; the African Development Bank finances Africa's development and seeks reform of global finance.

Why it mattersAdesina points to Africa's economic resilience despite debt, climate and inflation shocks.

Problems raised
  1. Climate change weighs on Africa.
  2. Geopolitical tensions and inflation hurt growth.
  3. Rising debt strains budgets.
Solutions proposed
  1. Build on African economic resilience.
  2. Reform global financial architecture.
  3. Mobilise more finance for Africa.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Keynote Address by Dr. Akinwumi A. Adesina President, African Development Bank Group - 2024 Bank Group Annual Meetings - Nairobi, Kenya 28 May 2024 - Governors’ Dialogue

ContextKeynote at the governors' dialogue of the bank's 2024 Annual Meetings in Nairobi; the African Development Bank finances Africa's development and debates how to fund it.

Why it mattersAdesina presents de-risking tools to draw private money into African projects.

Problems raised
  1. Investment risk deters private capital.
  2. Currency and political risks are high.
  3. Financing gaps persist.
Solutions proposed
  1. Use de-risking instruments.
  2. Reform the global financial architecture.
  3. Mobilise private sector investment.
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· Akinwumi Adesina Wiki · African Development Bank Group Wiki50th Anniversary Celebrations of the Arab Bank for Economic Development in Africa Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group 19 May 2024 | Riyadh, Kingdom of Saudi Arabia

ContextRemarks in Riyadh at the 50th anniversary of the Arab Bank for Economic Development in Africa; the African Development Bank finances Africa's development with partner lenders.

Why it mattersAdesina calls for more Arab-African co-financing of development projects.

Problems raised
  1. Climate change hurts African economies.
  2. Geopolitical tensions and inflation slow growth.
  3. Debt is rising.
Solutions proposed
  1. Strengthen Arab-African financial cooperation.
  2. Co-finance development projects.
  3. Build on African economic resilience.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina President, African Development Bank Group Summit for Clean Cooking in Africa - Paris, 14 May 2024

ContextStatement at the Summit for Clean Cooking in Africa in Paris; the African Development Bank finances Africa's development and wants clean cooking for millions of households.

Why it mattersAdesina pledges funding so that smoke from wood and charcoal stops harming health and forests.

Problems raised
  1. Millions in Africa lack clean cooking.
  2. Dirty fuels harm health and forests.
  3. Affordable solutions are missing.
Solutions proposed
  1. Roll out clean cooking at scale.
  2. Adopt supportive policies and standards.
  3. Use fiscal incentives to cut costs.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Address by Dr. Akinwumi A. Adesina, President, African Development Bank Group All Africa Media Leaders’ Summit Nairobi, Kenya - 9 May 2024

ContextKeynote at the All Africa Media Leaders' Summit in Nairobi; the African Development Bank finances Africa's development and wants a fairer image of Africa in the media.

Why it mattersAdesina argues that negative media coverage raises Africa's cost of capital.

Problems raised
  1. Negative media images harm investor confidence.
  2. Africa pays a high risk premium.
  3. Capital costs are 3 to 4 times higher.
Solutions proposed
  1. Tell a balanced story about Africa.
  2. Improve African risk ratings.
  3. Strengthen African media.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group At the High-Level Session on Islamic Development Bank’s 50th Anniversary: “Charting a Course for Augmenting SDG Financing” - 28 April 2024 | Riyadh, Saudi Arabia

ContextSpeech in Riyadh at a high-level session for the Islamic Development Bank's 50th anniversary; the African Development Bank finances Africa's development and seeks more funding for the SDGs.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Signing Ceremony of Brazil’s Accession to the Lusophone Compact - 22 April 2024 - Brasilia, Brazil

ContextStatement in Brasilia at the signing of Brazil's accession to the Lusophone Compact for Portuguese-speaking African countries; the African Development Bank finances Africa's development and seeks new partner countries.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the High-level Strategic Roundtable on Climate Finance Spring Meetings of the World Bank and the International Monetary Fund - 18 April 2024

ContextStatement at a high-level roundtable on climate finance during the World Bank and IMF Spring Meetings in Washington; the African Development Bank finances Africa's development and seeks more climate funding.

Why it mattersAdesina presents a window to channel climate money to the most vulnerable countries.

Problems raised
  1. Vulnerable countries lack climate finance.
  2. Adaptation needs are large.
  3. Low-income countries are hit hardest.
Solutions proposed
  1. Use the Climate Action Window.
  2. Fund adaptation and mitigation.
  3. Provide technical assistance.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiAcceptance speech by Dr. Akinwumi A. Adesina, Obafemi Awolowo Prize for Leadership

ContextAcceptance speech for the Obafemi Awolowo Prize for Leadership in Nigeria; the African Development Bank finances Africa's development and promotes people-centred growth.

Why it mattersAdesina calls for free education and people-centred policies in Nigeria.

Problems raised
  1. Rising debt, climate change and fragility challenge Africa.
  2. Education is underfunded.
  3. Welfare policies are weak.
Solutions proposed
  1. Provide free and compulsory education.
  2. Invest in teachers and classrooms.
  3. Adopt people-centred development policies.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - President’s Diplomatic Luncheon for Ambassadors - 29 February 2024

ContextSpeech at the president's diplomatic luncheon for ambassadors in Abidjan; the African Development Bank finances Africa's development and relies on support from member countries.

Why it mattersAdesina describes how high global rates and weak currencies strain African budgets.

Problems raised
  1. African countries are hit by external economic and climate shocks.
  2. Higher global interest rates raise debt service costs.
  3. Currency depreciation is driving up inflation.
Solutions proposed
  1. Help countries build resilience to shocks.
  2. Work closely with member countries' diplomatic representatives.
  3. Scale up Bank support for vulnerable economies.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Introducing the Presentation of the 2024 Africa Macroeconomic Performance and Outlook Report

ContextOpening remarks presenting the bank's 2024 Africa Macroeconomic Performance and Outlook report; the African Development Bank finances Africa's development and tracks growth across the continent.

Why it mattersAdesina warns that slow debt restructurings leave many African countries at high risk.

Problems raised
  1. Many African countries face high risk of debt distress.
  2. Debt restructurings are slow.
  3. Official and commercial creditors are poorly coordinated.
Solutions proposed
  1. Speed up debt treatment under the common framework.
  2. Coordinate creditor terms better.
  3. Publish regular macroeconomic outlooks to guide policy.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiAgenda Setting Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group - African Leaders for Nutrition: Addressing Malnutrition, Catalyzing Africa’s Transformation through Enhanced Multisector Investments

ContextAgenda-setting remarks at an African Leaders for Nutrition meeting; the African Development Bank finances Africa's development and fights malnutrition through investment.

Why it mattersAdesina asks governments to make nutrition a budget priority.

Problems raised
  1. Malnutrition holds back Africa's human capital.
  2. Nutrition is not a budget priority.
  3. Funding is spread too thin across sectors.
Solutions proposed
  1. Make nutrition a national priority.
  2. Fund multisector national nutrition action plans.
  3. Keep increasing Bank financing for nutrition.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiGeneral Assembly of the Confindustria Assafrica & Mediterraneo - Speech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - 30 January 2024

ContextSpeech at the general assembly of Confindustria Assafrica & Mediterraneo, the Italian business association for Africa; the African Development Bank finances Africa's development and courts European investors.

Why it mattersAdesina presents guarantees to reduce the risks Italian investors see in Africa.

Problems raised
  1. Investors see high risks in Africa.
  2. Investible projects are hard to find.
  3. Political and price risks deter capital.
Solutions proposed
  1. Use partial risk and credit guarantees.
  2. Build co-guarantee platforms with partners.
  3. Prepare bankable projects for investors.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi Adesina President, African Development Bank Group - BioNTech Manufacturing Facility Launch - Kigali, 18 December 2023

ContextRemarks in Kigali at the launch of BioNTech's vaccine manufacturing facility; the African Development Bank finances Africa's development and backs local medicine production.

Why it mattersThe first mRNA vaccine plant on the continent aims to reduce dependence on imports seen during Covid.

Problems raised
  1. Africa depended on imported vaccines during the pandemic.
  2. Local pharmaceutical manufacturing is minimal.
  3. Health security is weak.
Solutions proposed
  1. Build modular vaccine factories in Africa.
  2. Transfer mRNA technology to the continent.
  3. Support African pharmaceutical industries.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Signing of the Host Country Agreement between the African Pharmaceutical Technology Foundation and the Government of Rwanda - Kigali, Rwanda - 18 December 2023

ContextSpeech in Kigali at the signing of the host agreement between Rwanda and the African Pharmaceutical Technology Foundation; the African Development Bank finances Africa's development and supports local pharmaceutical industries.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiConvocation Speech by Dr Akinwumi Adesina President, African Development Bank Group - Convocation Ceremony of Veritas University - Abuja, Nigeria - 8 December 2023

ContextConvocation speech at Veritas University in Abuja, Nigeria; the African Development Bank finances Africa's development and stresses opportunities for young graduates.

Why it mattersAdesina encourages graduates to build businesses ready for investors.

Problems raised
  1. Climate change, debt and inflation have hurt the global economy.
  2. Young people need jobs and finance.
  3. Youth businesses lack investor readiness.
Solutions proposed
  1. Train young entrepreneurs in business skills.
  2. Help them pitch bankable proposals.
  3. Build on Africa's fast-growing economies.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group - Sustainable Trade Africa Conference - UAE Trade Center, 6 December 2023

ContextRemarks at the Sustainable Trade Africa Conference at the UAE Trade Center during COP28 in Dubai; the African Development Bank finances Africa's development and promotes trade.

Why it mattersAdesina warns that the EU carbon border tax could hurt African exports.

Problems raised
  1. Africa must compete better in global value chains.
  2. The EU carbon border tax threatens African exports.
  3. Industrial platforms are underdeveloped.
Solutions proposed
  1. Build competitive industrial platforms.
  2. Prepare exports for carbon border rules.
  3. Promote sustainable trade.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group - Session: Leveraging SDRs for Climate and Development - COP 28, UAE - 4 December 2023

ContextRemarks at a COP28 session in Dubai on channelling IMF special drawing rights to climate and development; the African Development Bank finances Africa's development and wants SDRs routed through it.

Why it mattersAdesina proposes routing IMF reserve assets through development lenders to multiply climate finance.

Problems raised
  1. Countries face rising fiscal costs for development.
  2. Climate finance is insufficient.
  3. Special Drawing Rights are not reaching those in need.
Solutions proposed
  1. Rechannel SDRs through development banks.
  2. Reform the global financial architecture.
  3. Leverage SDRs for climate and development.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr Akinwumi A. Adesina President, African Development Bank Group - Session: Climate Resilient Debt Clauses—A Call to Action - COP 28, UAE - 4 December 2023

ContextRemarks at a COP28 session in Dubai on climate-resilient debt clauses; the African Development Bank finances Africa's development and wants debt relief after climate disasters.

Why it mattersAdesina calls for loan clauses that pause repayments after climate disasters.

Problems raised
  1. Climate disasters push vulnerable countries into debt stress.
  2. Debt service continues after shocks.
  3. Fiscal space disappears when disasters hit.
Solutions proposed
  1. Adopt climate-resilient debt clauses.
  2. Allow debt service suspension after severe shocks.
  3. Spread the clauses across lenders.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Signing Ceremony for the Alliance on Green Infrastructure in Africa COP 28, UAE 2 December 2023

ContextRemarks at COP28 in Dubai at the signing of the Alliance for Green Infrastructure in Africa; the African Development Bank finances Africa's development and needs capital for green projects.

Why it mattersA new partnership aims to fund early-stage preparation of low-carbon projects, where capital is scarcest.

Problems raised
  1. Africa's infrastructure financing gap is huge.
  2. The net-zero transition needs new infrastructure.
  3. Private investment is insufficient.
Solutions proposed
  1. Create an alliance on green infrastructure.
  2. Mobilise capital for project preparation.
  3. Close the infrastructure gap sustainably.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Session: Launch of the Africa and Middle East SAFE Initiative COP 28, UAE 3 December 2023

ContextRemarks at COP28 in Dubai at the launch of the Africa and Middle East SAFE initiative; the African Development Bank finances Africa's development and works on food security under climate change.

Why it mattersAdesina proposes that Africa supply food to the water-stressed Gulf region.

Problems raised
  1. Water stress limits food production in the Middle East.
  2. Desalination makes farming too costly.
  3. Food security is fragile.
Solutions proposed
  1. Make Africa a food supplier to the Middle East.
  2. Invest in agro-industrial processing zones.
  3. Bring Middle East investors in as anchors.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group at the launch of the Battery Energy Storage System Consortium COP 28, UAE 2 December 2023

ContextRemarks at COP28 in Dubai at the launch of a battery energy storage consortium; the African Development Bank finances Africa's development and wants reliable clean power.

Why it mattersStoring solar and wind output is presented as the missing piece for dependable African electricity.

Problems raised
  1. Renewable energy needs storage to be reliable.
  2. Africa lacks battery storage systems.
  3. Skills to run them are scarce.
Solutions proposed
  1. Launch a battery storage consortium.
  2. Provide technical assistance.
  3. Build capacity to operate and maintain systems.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina, President, African Development Bank Group, At the Launch of the African Women Clean Cooking Support Program: A Gender Responsive Just Energy Transition Approach in Africa COP 28, UAE 2 December 2023

ContextRemarks at COP28 in Dubai launching the African Women Clean Cooking Support Program; the African Development Bank finances Africa's development and seeks a fair energy transition for women.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group at the launch of the African Climate Risk Insurance Facility for Adaptation COP 28, UAE 2 December 2023

ContextRemarks at COP28 in Dubai launching the African Climate Risk Insurance Facility for Adaptation; the African Development Bank finances Africa's development and helps countries insure against climate shocks.

Why it mattersCoverage against droughts, floods and pests remains rare for African growers; this facility targets that gap.

Problems raised
  1. African farmers face droughts, floods and pests.
  2. Climate insurance coverage is very low.
  3. Credit and price risks go uncovered.
Solutions proposed
  1. Launch a climate risk insurance facility.
  2. Design and scale climate insurance solutions.
  3. Cover production, credit and price risks.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Session: Invest in Africa: Green Energy Access, Digital Economy and Infrastructure Finance Gap COP 28, UAE 1 December 2023

ContextRemarks at a COP28 session in Dubai on green energy, digital economy and Africa's infrastructure finance gap; the African Development Bank finances Africa's development and courts investors.

Why it mattersAdesina proposes guarantees at scale to unlock private money for energy and digital networks.

Problems raised
  1. Africa lacks energy access and digital infrastructure.
  2. Infrastructure financing gaps are large.
  3. Private investment is scarce.
Solutions proposed
  1. Use guarantees at scale to de-risk investment.
  2. Leverage private sector financing.
  3. Invest in green energy and digital infrastructure.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech by Dr Akinwumi A. Adesina President, African Development Bank Group - 40th Anniversary of The Guardian Newspapers - Lagos, Nigeria - 28 November 2023

ContextKeynote in Lagos at the 40th anniversary of The Guardian newspapers of Nigeria; the African Development Bank finances Africa's development and addresses Nigeria's opinion leaders.

Why it mattersAdesina argues that political sovereignty needs African money to back it.

Problems raised
  1. Africa depends on outside financing.
  2. Political sovereignty lacks economic backing.
  3. African resources are not mobilised.
Solutions proposed
  1. Finance African problems with African resources.
  2. Build economic and financial sovereignty.
  3. Strengthen African institutions.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Address by Dr. Akinwumi A. Adesina President, African Development Bank Group - African Mayoral Forum - Africa Investment Forum Market Days 2023 - Marrakesh, Morocco - 9 November 2023

ContextKeynote at the African Mayoral Forum during the Africa Investment Forum 2023 in Marrakesh; the African Development Bank finances Africa's development and backs city infrastructure.

Why it mattersAdesina pushes for sub-national projects that investors usually overlook.

Problems raised
  1. Cities and municipalities lack investment.
  2. Sub-national projects are overlooked.
  3. Urban growth is fast.
Solutions proposed
  1. Launch collaboration between cities and financial institutions.
  2. Prioritise sub-national projects.
  3. Mobilise investors for city projects.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiAIF Closing Speech - Dr. Akinwumi A. Adesina - Africa Investment Forum 2023 - November 10, 2023 - Marrakesh, Morocco

ContextClosing speech at the Africa Investment Forum 2023 in Marrakesh; the African Development Bank finances Africa's development and uses the forum to secure investment deals.

Why it mattersAdesina reports the deals secured with partner institutions.

Problems raised
  1. Africa needs more investment to improve lives.
  2. Deals need coordination across partners.
  3. Investors need confidence.
Solutions proposed
  1. Use the Africa Investment Forum to close deals.
  2. Pool founding partners' efforts.
  3. Focus investment on improving lives.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - 2023 Africa Investment Forum Plenary session - Regional Corridors: Quest to Integrate Africa - Marrakesh, Morocco - 9 November 2023

ContextSpeech at the Africa Investment Forum 2023 plenary on regional corridors in Marrakesh; the African Development Bank finances Africa's development and promotes regional integration.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group - Africa Investment Forum Side Event: “Boosting Africa’s Growth with Japan: From Start-ups to Major Companies” - Marrakech, Morocco - 9 November 2023

ContextOpening remarks at an Africa Investment Forum side event in Marrakech on growth with Japanese firms; the African Development Bank finances Africa's development and courts Asian investors.

Why it mattersAdesina invites Japanese firms and start-ups to expand on the continent.

Problems raised
  1. Japanese private investment in Africa is limited.
  2. Start-ups need capital.
  3. Opportunities are poorly known.
Solutions proposed
  1. Encourage Japan to expand private investment.
  2. Connect start-ups and major companies.
  3. Showcase African opportunities.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Africa Investment Forum 2023 - 8 November 2023

ContextOpening speech at the Africa Investment Forum 2023 in Marrakesh; the African Development Bank finances Africa's development and gathers investors for African projects.

Why it mattersAdesina presents the forum as a way to bring bankable projects to investors.

Problems raised
  1. Bankable projects do not meet investors.
  2. Risks deter investment.
  3. Deals are slow to close.
Solutions proposed
  1. Bring projects, investors and governments together.
  2. Manage and mitigate risks.
  3. Close deals at the Forum.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Remarks Dr. Akinwumi A. Adesina President African Development Bank Group - Special Agro-industrial Processing Zones’ Session - Day 1 of the Africa Investment Forum Marrakech, Morocco - 8 November 2023

ContextOpening remarks at the Africa Investment Forum session on special agro-industrial processing zones in Marrakech; the African Development Bank finances Africa's development and promotes agro-industry.

Why it mattersAdesina argues that Africa should process more of its harvest at home.

Problems raised
  1. Africa processes little of its agricultural output.
  2. Agro-industry lacks infrastructure.
  3. Investment incentives are weak.
Solutions proposed
  1. Build special agro-industrial processing zones.
  2. Improve administrative and investment incentives.
  3. Attract private investors to agro-industry.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - African Agricultural Dialogue: Special Agro-Industrial Processing Zones Special - Side Event at the World Food Prize 2023 - Des Moines, Iowa, USA

ContextRemarks at an African agricultural dialogue on agro-processing zones during the World Food Prize 2023 in Des Moines, Iowa; the African Development Bank finances Africa's development and backs agriculture.

Why it mattersAdesina seeks private partners for food processing zones in Africa.

Problems raised
  1. Agriculture in Africa adds little value.
  2. Processing zones need finance.
  3. Public funding is insufficient.
Solutions proposed
  1. Build agro-industrial processing zones.
  2. Promote public-private partnerships.
  3. Attract private investment.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiFrom Dakar 2 to Des Moines - Speech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group At the Norman Borlaug International Dialogue - World Food Prize 2023 - Des Moines, Iowa, USA

ContextSpeech at the Norman Borlaug International Dialogue of the World Food Prize 2023 in Des Moines, Iowa; the African Development Bank finances Africa's development and leads food security plans.

Why it mattersAdesina sets a five-year goal to unlock Africa's farm potential through technology.

Problems raised
  1. Africa is not food secure.
  2. Agricultural potential is untapped.
  3. Farmers lack technologies.
Solutions proposed
  1. Implement food and agriculture delivery compacts.
  2. Scale up agricultural technologies.
  3. Unlock agricultural potential within five years.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKofi A. Annan Eminent Speakers Series 2023 Edition “The Changing Global Development Finance Architecture: Implications for Multilateral Development Banks Post-Covid” - Welcome Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group

ContextWelcome remarks at the 2023 Kofi Annan Eminent Speakers Series on the global development finance architecture; the African Development Bank finances Africa's development and wants lenders reformed after Covid.

Why it mattersAdesina urges multilateral lenders to take more risk and use their balance sheets fully.

Problems raised
  1. Development finance needs have grown after Covid.
  2. Multilateral banks are too cautious with risk.
  3. Balance sheets are underused.
Solutions proposed
  1. Raise development banks' ambition and resources.
  2. Optimise balance sheets and take more risk.
  3. Leverage the private sector.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiHigh-Level Roundtable Towards a Fair International Financial Architecture Dr. Akinwumi A. Adesina President, African Development Bank Group United Nations General Assembly Tuesday, 19 September 2023

ContextRemarks at a high-level roundtable on a fair international financial architecture during the UN General Assembly in New York; the African Development Bank finances Africa's development and wants fairer global finance.

Why it mattersAdesina proposes currency risk tools to attract institutional investors.

Problems raised
  1. The international financial architecture is unfair to Africa.
  2. Currency risk deters institutional investors.
  3. Debt resolution is too slow.
Solutions proposed
  1. Deploy FX risk mitigation to leverage institutional capital.
  2. Increase concessional financing.
  3. Fast-track the G20 common framework.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina President, African Development Bank Group - United Nation’s Climate Ambition Summit Session on Delivering Climate Justice: Accelerating Ambition and Implementation on Adaptation and Early Warning Systems for All

ContextStatement at the UN Climate Ambition Summit in New York on adaptation and early warning systems; the African Development Bank finances Africa's development and seeks climate justice for Africa.

Why it mattersAdesina presents a climate window to fund resilience in low-income countries.

Problems raised
  1. Climate change devastates African economies.
  2. Low-income countries lack adaptation finance.
  3. Early warning systems are missing.
Solutions proposed
  1. Fund climate resilience through the Climate Action Window.
  2. Deploy early warning systems for all.
  3. Scale up adaptation ambition.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Keynote Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group KOAFEC Ministerial Conference Republic of Korea, 13 September 2023

ContextOpening keynote at the KOAFEC Korea-Africa economic cooperation ministerial conference in Korea; the African Development Bank finances Africa's development and works with Asian partners.

Why it mattersAdesina warns that rate rises in rich countries are pushing up African debt costs.

Problems raised
  1. Monetary tightening in rich countries raises rates.
  2. Capital flows out of emerging markets.
  3. African debt service costs rise.
Solutions proposed
  1. Deepen Korea-Africa economic cooperation.
  2. Mobilise financing for African development.
  3. Address debt distress risks.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Commencement Ceremony The MBA Class of 2023 Saïd Business School, Oxford University - 8 September 2023

ContextCommencement address to the MBA class of 2023 at Oxford University's Saïd Business School; the African Development Bank finances Africa's development and wants young leaders engaged with Africa.

Why it mattersAdesina recalls the 2008 crisis to urge graduates to lead with ethics.

Problems raised
  1. Reckless lending caused the 2008 crisis.
  2. Poor regulation allowed excessive risk-taking.
  3. Finance can harm unsuspecting investors.
Solutions proposed
  1. Lead with ethics in business.
  2. Use finance to improve lives.
  3. Apply strong regulation and responsible risk-taking.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Presidential Opening of the African Climate Summit September 5, 2023 Nairobi, Kenya

ContextOpening speech at the African Climate Summit in Nairobi before African heads of state; the African Development Bank finances Africa's development and seeks climate finance for the continent.

Why it mattersAdesina proposes investment compacts to fund national adaptation plans.

Problems raised
  1. Africa suffers most from climate change.
  2. Adaptation finance is insufficient.
  3. National adaptation plans lack funding.
Solutions proposed
  1. Develop climate adaptation investment compacts.
  2. Channel finance to national adaptation actions.
  3. Scale up adaptation financing.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr Akinwumi Adesina President, African Development Bank Group - 5th Mid-Year Coordination Meeting of the African Union and the Regional Economic Communities and Regional Mechanisms - Nairobi, Kenya 16 July 2023

ContextSpeech at the fifth mid-year coordination meeting of the African Union and regional economic communities in Nairobi; the African Development Bank finances Africa's development and backs regional integration.

Why it mattersAdesina proposes security-indexed bonds to finance stability in fragile areas.

Problems raised
  1. Africa's debt is rising.
  2. Insecurity and fragility undermine development.
  3. Low-interest long-term finance is scarce.
Solutions proposed
  1. Launch security-indexed investment bonds.
  2. Deliver the Bank's High 5 priorities.
  3. Tackle Africa's debt challenge decisively.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiThe Day the Lion Roared! Making Nigeria a Global Industrial and Economic Giant - Keynote Lecture Delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, Business Day CEO Forum, 13 July 2023, Lagos, Nigeria.

ContextKeynote lecture at the Business Day CEO Forum in Lagos; the African Development Bank finances Africa's development and wants Nigeria to industrialise.

Why it mattersAdesina argues that Nigeria must move beyond oil to industrialise.

Problems raised
  1. Foreign direct investment into Nigeria collapsed.
  2. The economy depends too much on oil.
  3. Manufacturing is underdeveloped.
Solutions proposed
  1. Adopt investment-friendly policies and frameworks.
  2. Build infrastructure, logistics and financing for industry.
  3. Use a young, trained workforce to industrialise.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group Chairman, Africa50 Boards of Directors - Africa50 Infra Forum and General Shareholders Meeting Lomé, Togo – 3 July 2023

ContextOpening speech at the Africa50 Infra Forum and shareholders meeting in Lomé, Togo; the African Development Bank finances Africa's development and backs the Africa50 infrastructure fund.

Why it mattersAdesina presents catalytic equity as a way to bring institutional investors into African infrastructure.

Problems raised
  1. Africa's infrastructure gap is large.
  2. Institutional investors hold back.
  3. Projects lack early-stage capital.
Solutions proposed
  1. Use Africa50 to develop and finance infrastructure.
  2. Make catalytic equity investments to draw in investors.
  3. Mobilise shareholders behind infrastructure funds.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiEvolution of Debt Landscape over the past 10 Years in Africa - Keynote Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group Delivered at the Paris Club - June 20, 2023

ContextKeynote at the Paris Club of creditor countries on Africa's changing debt landscape; the African Development Bank finances Africa's development and pushes for faster debt resolution.

Why it mattersAdesina shows how African debt shifted toward costlier private and Chinese lenders.

Problems raised
  1. Africa's debt has risen and changed composition.
  2. Private and Chinese debt carry higher interest rates.
  3. Debt resolution is slow.
Solutions proposed
  1. Speed up debt restructuring.
  2. Coordinate all creditors.
  3. Increase concessional financing.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Agribusiness and Science Week Forum for Agricultural Research in Africa, Durban, South Africa. June 5, 2023

ContextSpeech at the Agribusiness and Science Week of the Forum for Agricultural Research in Africa in Durban; the African Development Bank finances Africa's development and backs farm productivity.

Why it mattersAdesina wants crop scientists to work on the continent's own priorities and to insure growers against weather.

Problems raised
  1. African farmers face climate risks.
  2. Agricultural research is underfunded.
  3. Research does not follow African priorities.
Solutions proposed
  1. Fund sovereign and farmer risk insurance.
  2. Give CGIAR more resources focused on Africa.
  3. Support regional research institutions.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Inauguration Lecture for the New President of Nigeria 27 May 2023, Abuja, Nigeria

ContextInauguration lecture in Abuja for Nigeria's new President; the African Development Bank finances Africa's development and advises governments on growth policies.

Why it mattersAdesina urges the incoming administration to invest in human capital.

Problems raised
  1. Nigeria is not globally competitive.
  2. Skills are lacking for a digital economy.
  3. Growth is too weak.
Solutions proposed
  1. Invest heavily in human capital.
  2. Build digital skills.
  3. Pursue reforms for competitiveness.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiClosing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Annual Meetings 2023, African Development Bank Group - Sharm El-Sheikh, Egypt. 26 May 2023

ContextClosing speech at the bank's 2023 Annual Meetings in Sharm El-Sheikh, Egypt; the African Development Bank finances Africa's development and seeks private capital for climate.

Why it mattersAdesina says the G20 debt framework is not working well.

Problems raised
  1. Climate change weighs on Africa.
  2. Debt levels are high.
  3. The G20 common framework is not working well.
Solutions proposed
  1. Mobilise private finance for climate and green growth.
  2. Take urgent debt resolution measures.
  3. Make the common framework work.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina President, African Development Bank Group Governors’ Dialogue Annual Meetings 2023 Sharm El Sheikh, Egypt 24 May 2023

ContextStatement at the governors' dialogue of the bank's 2023 Annual Meetings in Sharm El Sheikh; the African Development Bank finances Africa's development and needs private climate finance.

Why it mattersAdesina proposes a climate action window for low-income countries.

Problems raised
  1. Low-income countries are most vulnerable to climate change.
  2. They cannot access climate finance.
  3. Adaptation needs are rising.
Solutions proposed
  1. Open a Climate Action Window in the African Development Fund.
  2. Mobilise climate finance for low-income countries.
  3. Engage governors on the Bank's agenda.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Launch of the African Economic Outlook 2023 - 2023 Annual Meetings of the African Development Bank Group - Sharm El Sheikh, Egypt 24 May 2023

ContextLaunch of the African Economic Outlook 2023 at the bank's Annual Meetings in Sharm El Sheikh; the African Development Bank finances Africa's development and tracks its economies.

Why it mattersAdesina links natural capital to private climate finance.

Problems raised
  1. Africa faces global shocks.
  2. Climate finance is insufficient.
  3. Private sector involvement is weak.
Solutions proposed
  1. Publish an economic outlook to guide policy.
  2. Mobilise private finance for climate and green growth.
  3. Leverage Africa's natural capital.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Presidential Dialogue: The Changing Global Financial Architecture and the Role of Multilateral Development Banks 2023 Bank Group Annual Meetings - 23 May 2023

ContextSpeech at a presidential dialogue on the global financial architecture at the bank's 2023 Annual Meetings; the African Development Bank finances Africa's development and wants lenders reformed.

Why it mattersAdesina argues that reform of global finance must put Africa at the centre.

Problems raised
  1. The Sustainable Development Goals are off track.
  2. The global financial architecture neglects Africa.
  3. Development banks need more resources.
Solutions proposed
  1. Put Africa's priorities at the centre of reform.
  2. Strengthen multilateral development banks.
  3. Reform the global financial architecture.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Ceremony Speech Dr. Akinwumi A. Adesina President, African Development Bank Group - 2023 Annual Meetings of the African Development Bank Group - Sharm El Sheikh, Egypt 23 May 2023

ContextOpening ceremony of the bank's 2023 Annual Meetings in Sharm El Sheikh, Egypt; the African Development Bank finances Africa's development and focuses on climate finance.

Why it mattersAdesina focuses on drawing private money into African climate action.

Problems raised
  1. Africa lacks climate finance.
  2. Private sector finance is not mobilised.
  3. Green growth is underfunded.
Solutions proposed
  1. Mobilise private sector financing for climate.
  2. Promote green growth in Africa.
  3. Partner with host governments.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at Zimbabwe’s High-Level Debt Resolution Forum, 15 May 2023, Harare, Zimbabwe

ContextSpeech at Zimbabwe's High-Level Debt Resolution Forum in Harare; the African Development Bank finances Africa's development and champions Zimbabwe's arrears clearance.

Why it mattersAdesina ties Zimbabwe's debt relief to governance and anti-corruption reforms.

Problems raised
  1. Zimbabwe carries heavy arrears.
  2. Governance weaknesses block debt resolution.
  3. Corruption and weak institutions deter creditors.
Solutions proposed
  1. Implement reforms in six critical areas.
  2. Improve transparency and fight corruption.
  3. Pursue a structured debt resolution dialogue.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiMobilizing Financing for Africa - Address by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the Reception for African Ambassadors in Japan - 25 April 2023

ContextAddress at a reception for African ambassadors in Japan; the African Development Bank finances Africa's development and mobilises Japanese funding.

Why it mattersAdesina seeks Japanese finance for African vaccines, energy and water.

Problems raised
  1. Africa needs more financing.
  2. Vaccine manufacturing capacity is weak.
  3. Access to energy, water and finance is limited.
Solutions proposed
  1. Invest in pharmaceutical manufacturing.
  2. Expand energy, water and transport access.
  3. Mobilise Japanese finance.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Japan-Africa Investment Ecosystem Co-Creation Forum - 24 April 2023 - Tokyo, Japan.

ContextSpeech at the Japan-Africa Investment Ecosystem Co-Creation Forum in Tokyo; the African Development Bank finances Africa's development and courts Japanese investors.

Why it mattersAdesina proposes co-financing large projects with Japanese partners.

Problems raised
  1. Japanese investment in Africa is limited.
  2. Investment ecosystems are weak.
  3. Large projects need co-financing.
Solutions proposed
  1. Co-finance large infrastructure projects.
  2. Improve the investment ecosystem with Japanese partners.
  3. Showcase success stories.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech by Dr. Akinwumi A. Adesina, President, African Development Bank Group - Berlin Energy Transition Dialogue - Tuesday, 28 March 2023 Berlin, Germany

ContextKeynote at the Berlin Energy Transition Dialogue; the African Development Bank finances Africa's development and seeks funding for clean energy in Africa.

Why it mattersAdesina argues that Africa should be allowed to use gas during the transition.

Problems raised
  1. Africa lacks energy access.
  2. The transition could be imposed too fast on Africa.
  3. Renewable potential is untapped.
Solutions proposed
  1. Accelerate renewable energy in Africa.
  2. Allow natural gas as a transition fuel.
  3. Mobilise energy transition financing.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A Adesina President, African Development Bank Group At the Official Launch of the Investment in Digital and Creative Industries (I-DICE) - State House Conference Center, Abuja - Tuesday, 14 March 2023.

ContextSpeech at the State House Conference Center in Abuja launching the I-DICE programme for digital and creative industries; the African Development Bank finances Africa's development and supports youth jobs.

Why it mattersThe programme aims to turn music, film and tech talent into jobs for young Nigerians.

Problems raised
  1. Young people need jobs.
  2. Digital infrastructure is lacking.
  3. Creative industries are underfunded.
Solutions proposed
  1. Invest in digital and creative industries.
  2. Expand broadband infrastructure.
  3. Support digital entrepreneurs.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - 2nd Dialogue Platform on “Arrears Clearance and Debt Resolution Process for Zimbabwe”- Harare, Zimbabwe - 23 February 2023

ContextSpeech in Harare at the second dialogue platform on Zimbabwe's arrears clearance and debt resolution; the African Development Bank finances Africa's development and champions this process.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Feed Africa Summit: Food Sovereignty and Resilience 25-27 January 2023 Dakar, Senegal

ContextSpeech at the Feed Africa Summit in Dakar, Senegal, with African heads of state; the African Development Bank finances Africa's development and mobilises funds for agriculture.

Why it mattersAdesina calls on leaders to add value to food at scale so the continent can feed itself.

Problems raised
  1. Africa does not feed itself.
  2. Food processing is limited.
  3. Agricultural wealth is untapped.
Solutions proposed
  1. Invest in agro-industrial processing zones.
  2. Add value to food at scale.
  3. Pursue food sovereignty.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech Delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the launch of the African Mayoral Leadership Initiative (AMALI), 23 January 2023

ContextKeynote at the launch of the African Mayoral Leadership Initiative; the African Development Bank finances Africa's development and supports fast-growing African cities.

Why it mattersAdesina wants towns to raise money directly and plan for floods and heat.

Problems raised
  1. African cities face climate and disaster risks.
  2. Municipal finance is limited.
  3. Urban planning is weak.
Solutions proposed
  1. Develop city disaster risk and adaptation plans.
  2. Allow cities to issue municipal and green bonds.
  3. Build mayoral leadership.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiLaunch of Africa’s Macroeconomic Performance and Outlook (MEO) Report, 2023 - Keynote Speech By Dr. Akinwumi A. Adesina - President, African Development Bank Group

ContextKeynote launching the bank's 2023 Africa Macroeconomic Performance and Outlook report; the African Development Bank finances Africa's development and tracks its economies.

Why it mattersAdesina warns about rising debt vulnerabilities as growth slows.

Problems raised
  1. High energy and food prices fuel inflation.
  2. Debt vulnerabilities are rising.
  3. Growth is slowing.
Solutions proposed
  1. Publish outlook reports to guide policy.
  2. Address debt risks.
  3. Build economic resilience.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Closing Speech, Donors Pledging Session African Development Fund’s (ADF) 16th Replenishment - 6 December 2022

ContextClosing speech at the donors' pledging session for the 16th replenishment of the African Development Fund; the African Development Bank finances Africa's development and its soft-loan fund needs donor money.

Why it mattersAdesina closes the pledging round and commits to track gender results.

Problems raised
  1. Low-income African countries need concessional resources.
  2. Results must be measured better.
  3. Gender outcomes are not tracked well.
Solutions proposed
  1. Secure a strong African Development Fund replenishment.
  2. Use gender-disaggregated data in results monitoring.
  3. Build on past achievements.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Opening Speech, Donors Pledging Session African Development Fund’s (ADF) 16th Replenishment - 5 December 2022

ContextOpening speech at the donors' pledging session for the 16th replenishment of the African Development Fund; the African Development Bank finances Africa's development and seeks grants for the poorest countries.

Why it mattersAdesina presents a debt action plan to donors.

Problems raised
  1. Debt vulnerabilities are rising.
  2. Governance and public finance are weak.
  3. Debt resolution is slow.
Solutions proposed
  1. Deliver the debt action plan.
  2. Strengthen governance and debt management.
  3. Work with the IMF and World Bank on the common framework.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiKeynote Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Global Community of Practice Policy Dialogue Series, 2022 - African Development Institute African Development Bank Group - 1 December 2022

ContextKeynote at the 2022 Global Community of Practice policy dialogue of the bank's African Development Institute; the African Development Bank finances Africa's development and builds policy skills.

Why it mattersAdesina proposes incentives for diaspora investment in Africa.

Problems raised
  1. Diaspora resources are under-used for development.
  2. Diaspora investors lack incentives.
  3. Policy neglects diaspora needs.
Solutions proposed
  1. Create ministries of diaspora.
  2. Offer special incentives for diaspora investment.
  3. Expand investment opportunities for the diaspora.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Launch of the Alliance for Green Infrastructure - COP 27, Sharm El Sheikh, Egypt - 9 November 2022

ContextSpeech at COP27 in Sharm El Sheikh launching the Alliance for Green Infrastructure in Africa; the African Development Bank finances Africa's development and seeks green investment.

Why it mattersAdesina proposes mobilising institutional investors for climate-resilient infrastructure.

Problems raised
  1. Africa's infrastructure financing gap is huge.
  2. Infrastructure is not climate-resilient.
  3. Institutional investors stay away.
Solutions proposed
  1. Create an Alliance for Green Infrastructure.
  2. Build resilient infrastructure.
  3. Mobilise institutional investors at scale.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group - Launch of the Africa Business Leaders Coalition - COP 27, Sharm El Sheikh, Egypt - 9 November 2022

ContextSpeech at COP27 in Sharm El Sheikh launching the Africa Business Leaders Coalition; the African Development Bank finances Africa's development and wants business engaged on climate.

Why it mattersAdesina wants African companies to become part of the climate solution.

Problems raised
  1. Businesses contribute to emissions.
  2. Private sector climate action is limited.
  3. Africa needs green growth.
Solutions proposed
  1. Launch a coalition of African business leaders.
  2. Make businesses part of the climate solution.
  3. Promote green investment.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - COP27 Leaders’ Event on Accelerating Adaptation in Africa. COP 27, Sharm El Sheikh, Egypt 8 November 2022

ContextSpeech at the COP27 leaders' event on accelerating adaptation in Africa in Sharm El Sheikh; the African Development Bank finances Africa's development and backs climate adaptation.

Why it mattersAdesina seeks donor money for adaptation in fragile states.

Problems raised
  1. Low-income and fragile states are most exposed to climate change.
  2. Adaptation finance is scarce.
  3. Resources fall short of needs.
Solutions proposed
  1. Create a Climate Action Window.
  2. Raise billions for adaptation.
  3. Mobilise donor support.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Plenary Session: Sovereign Wealth Funds 3 November 2022

ContextRemarks at a plenary session on sovereign wealth funds; the African Development Bank finances Africa's development and wants these funds invested in Africa.

Why it mattersAdesina invites state investment funds to back the continent, using guarantees to reduce risk.

Problems raised
  1. Private investment in Africa faces many risks.
  2. Institutional investors are hesitant.
  3. Capital markets are shallow.
Solutions proposed
  1. Use risk guarantee instruments.
  2. Engage sovereign wealth funds.
  3. Deepen Africa's capital markets.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina, President, African Development Bank Group - Official Opening Ceremony Africa Investment Forum Market Days 2022 - 2-4 November 2022 - Abidjan, Cote d’Ivoire

ContextOpening ceremony of the Africa Investment Forum Market Days 2022 in Abidjan; the African Development Bank finances Africa's development and gathers investors for deals.

Why it mattersAdesina presents de-risking and syndication tools to investors.

Problems raised
  1. Investors see Africa as risky.
  2. Financing is fragmented.
  3. Projects need support to reach completion.
Solutions proposed
  1. De-risk investments.
  2. Syndicate financing.
  3. Support investors from deal to delivery.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiClosing Speech by Dr. Akinwumi Adesina President, African Development Bank Group for the Finance in Common Summit - October 20, 2022

ContextClosing speech at the third Finance in Common Summit of public development banks in Abidjan; the African Development Bank finances Africa's development and hosted the summit.

Why it mattersAdesina urges public development banks to coordinate on infrastructure and health.

Problems raised
  1. Infrastructure gaps persist worldwide.
  2. Health systems are unprepared.
  3. Development banks act separately.
Solutions proposed
  1. Close the green infrastructure gap.
  2. Invest in health infrastructure and preparedness.
  3. Coordinate public development banks.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Official Opening of the 3rd Finance in Common Summit October 19, 2022, Abidjan, Cote d’Ivoire

ContextOpening speech at the third Finance in Common Summit in Abidjan; the African Development Bank finances Africa's development and works with other public development banks.

Why it mattersAdesina warns that global tightening drives capital out of emerging markets.

Problems raised
  1. Monetary tightening raises interest rates.
  2. Capital flees emerging markets.
  3. Debt service costs rise.
Solutions proposed
  1. Coordinate public development banks.
  2. Increase support for vulnerable countries.
  3. Reform the development finance system.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the 2022 Civil Society Forum, Abidjan, Cote d’Ivoire, 6 October 2022

ContextSpeech at the 2022 Civil Society Forum in Abidjan; the African Development Bank finances Africa's development and works with civil society groups.

Why it mattersAdesina warns that Africa's needs risk being sidelined globally.

Problems raised
  1. Africa faces multiple challenges.
  2. Its needs risk being sidelined.
  3. Climate finance is scarce.
Solutions proposed
  1. Prioritise Africa's needs globally.
  2. Engage civil society.
  3. Support the Climate Action Window.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - YARA’s Knowledge Exchange Event - September 29, 2022 - Oslo, Norway

ContextSpeech at a YARA knowledge exchange event in Oslo, Norway; the African Development Bank finances Africa's development and promotes better farm inputs.

Why it mattersAdesina warns of a looming fertiliser shortage for African farmers.

Problems raised
  1. The food crisis could worsen.
  2. Fertiliser shortages loom.
  3. Fertiliser raw materials are hard to source.
Solutions proposed
  1. Secure fertiliser supplies for farmers.
  2. Partner with the private sector.
  3. Boost African food production.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Norwegian-African Business Association (NABA) Summit - September 29, 2022 - Oslo, Norway

ContextSpeech at the Norwegian-African Business Association summit in Oslo; the African Development Bank finances Africa's development and courts European business.

Why it mattersAdesina invites Nordic companies to tilt more investment to Africa.

Problems raised
  1. Africa needs more private investment.
  2. Investors lack deal flow.
  3. Risk perceptions are high.
Solutions proposed
  1. Use the Africa Investment Forum.
  2. Tilt more Norwegian investment to Africa.
  3. Support investors.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Nigeria International Economic Partnership Forum, Sideline of the United Nations 77th General Assembly - 22 September 2022, New York, USA

ContextSpeech at the Nigeria International Economic Partnership Forum on the sidelines of the 77th UN General Assembly in New York; the African Development Bank finances Africa's development and courts investors for Nigeria.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the third ADF 16 replenishment meeting 16 September 2022, Dakar, Senegal

ContextSpeech in Dakar at the third meeting for the 16th replenishment of the African Development Fund; the African Development Bank finances Africa's development and seeks donor funds.

Why it mattersAdesina asks donors to replenish the fund for fragile states.

Problems raised
  1. Low-income countries need resources.
  2. Debt vulnerabilities are rising.
  3. Climate impacts are growing.
Solutions proposed
  1. Replenish the African Development Fund.
  2. Manage debt vulnerabilities.
  3. Scale up support to fragile states.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group, at the Africa Climate Adaptation Summit, Rotterdam, Netherlands - September 5, 2022

ContextStatement at the Africa Climate Adaptation Summit in Rotterdam; the African Development Bank finances Africa's development and leads an adaptation acceleration programme.

Why it mattersAdesina links climate change to conflict and displacement.

Problems raised
  1. Climate change raises conflict risk in Africa.
  2. Millions are displaced.
  3. Adaptation is underfunded.
Solutions proposed
  1. Scale up adaptation finance.
  2. Work with the Global Center on Adaptation.
  3. Build resilience.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group Special Event on EPSA-5 Signing Ceremony TICAD-8, Tunis, Tunisia 28 August, 2022

ContextSpeech at the TICAD-8 signing ceremony for the fifth phase of the Japan-Africa private sector initiative in Tunis; the African Development Bank finances Africa's development with Japanese funds.

Why it mattersTokyo commits new money for African companies and better handling of public borrowing.

Problems raised
  1. African debt sustainability is at risk.
  2. Private sector needs finance.
  3. Debt management is weak.
Solutions proposed
  1. Sign a new private sector assistance agreement with Japan.
  2. Use Japanese funds for debt management.
  3. Support debt sustainability.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group, Plenary Session: Economy. TICAD-8 - Saturday, August 27, 2022 Tunis, Tunisia

ContextSpeech at the TICAD-8 plenary on the economy in Tunis; the African Development Bank finances Africa's development and works with Japan on investment.

Why it mattersAdesina calls for debt transparency as global rates rise.

Problems raised
  1. Fiscal deficits have increased.
  2. Debt service costs rise with global rates.
  3. Debt transparency is weak.
Solutions proposed
  1. Co-finance with Japan.
  2. Ensure debt transparency.
  3. Make the common framework succeed.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - TICAD-8, Summit Business Leaders’ Forum - Saturday, August 27, 2022 Tunisia

ContextSpeech at the TICAD-8 business leaders' forum in Tunisia; the African Development Bank finances Africa's development and courts Japanese companies.

Why it mattersAdesina supports a Japanese Africa investment fund.

Problems raised
  1. Japanese business in Africa is limited.
  2. Investment environment needs improvement.
  3. Funding is scarce.
Solutions proposed
  1. Work with Japanese business federations.
  2. Support a Japanese Africa investment fund.
  3. Improve the investment environment.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina, President of the African Development Bank Group and Chairman of the Board of Directors of Africa50 - General Shareholders Meeting of Africa50, Marrakech, Kingdom of Morocco Tuesday, 19 July 2022

ContextSpeech at the Africa50 general shareholders meeting in Marrakech; the African Development Bank finances Africa's development and chairs the Africa50 infrastructure fund.

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - US-Africa Business Summit, Marrakech Morocco, July 20, 2022

ContextSpeech at the US-Africa Business Summit in Marrakech; the African Development Bank finances Africa's development and seeks American investment.

Why it mattersAdesina invites American investors to curated African deals.

Problems raised
  1. US investment in Africa is limited.
  2. Deals are hard to close.
  3. Investors need curated projects.
Solutions proposed
  1. Use the Africa Investment Forum.
  2. Curate and close deals.
  3. Partner with other development banks.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi Adesina, President, African Development Bank Group, 7th Africa-Ireland Economic Forum

ContextSpeech at the seventh Africa-Ireland Economic Forum in Dublin; the African Development Bank finances Africa's development and builds ties with European partners.

Why it mattersAdesina warns that 23 African countries face high debt distress.

Problems raised
  1. 23 African countries face high debt distress.
  2. Debt relief was temporary.
  3. Liquidity pressures persist.
Solutions proposed
  1. Pursue debt treatment under the common framework.
  2. Build on debt service suspension.
  3. Strengthen Africa-Ireland ties.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by President Akinwumi A. Adesina, African Development Bank Group G-7 Ministerial Conference on “Uniting for Global Food Security” June 24, 2022

ContextStatement at the G7 ministerial conference Uniting for Global Food Security in Berlin; the African Development Bank finances Africa's development and runs an emergency food production plan.

Why it mattersAdesina presents Africa as part of the solution to the global food crisis.

Problems raised
  1. Global food security is threatened.
  2. Africa's food production potential is untapped.
  3. Food prices are rising.
Solutions proposed
  1. Unlock Africa's food production.
  2. Make Africa a global food solution.
  3. Mobilise G7 support.
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· Akinwumi Adesina Wiki · African Development Bank Group Wiki“Experiences and Lessons from the African Development Bank”, speech by AfDB President Akinwumi Adesina, 52nd Annual Meetings of the Caribbean Development Bank, 14 June 2022

ContextSpeech at the 52nd Annual Meetings of the Caribbean Development Bank; the African Development Bank finances Africa's development and shares lessons with a sister institution.

Why it mattersAdesina shares tools for de-risking infrastructure with island economies.

Problems raised
  1. Infrastructure investment faces many risks.
  2. Commercial debt has grown sharply.
  3. Development challenges are global.
Solutions proposed
  1. De-risk infrastructure investment.
  2. Share lessons among development banks.
  3. Build Africa-Caribbean investment links.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Speech Annual Meetings of the African Development Bank Group Dr. Akinwumi A. Adesina President, African Development Bank May 24, 2022 Accra, Ghana

ContextOpening speech at the bank's 2022 Annual Meetings in Accra, Ghana; the African Development Bank finances Africa's development and focuses on climate resilience.

Why it mattersAdesina asks rich countries to deliver climate promises.

Problems raised
  1. Climate promises are not delivered.
  2. Growth is unequal.
  3. Low-income states need support.
Solutions proposed
  1. Deliver COP26 promises at COP27.
  2. Build more equitable growth.
  3. Support fragile states.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by African Development Bank Group President Akinwumi Adesina, Opening Press Event, 23 May 2022

ContextStatement at the opening press event of the bank's 2022 Annual Meetings in Accra; the African Development Bank finances Africa's development and explains its response to crises.

Why it mattersAdesina presents the bank's response to the food crisis.

Problems raised
  1. Africa faces a looming food crisis.
  2. Low-income states need resources.
  3. Covid disrupted operations.
Solutions proposed
  1. Lead the response to the food crisis.
  2. Raise more resources for the Fund.
  3. Support fragile states.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiStatement by Dr. Akinwumi A. Adesina President, African Development Bank during his audience with President Muhammadu Buhari, CGFR President of the Federal Republic of Nigeria - April 26, 2022, Abuja, Nigeria

ContextStatement during an audience with Nigeria's President in Abuja; the African Development Bank finances Africa's development and works with member governments.

Why it mattersAdesina discusses rising food prices with Nigeria's President.

Problems raised
  1. Food prices are rising in Nigeria.
  2. Agriculture needs transformation.
  3. Jobs are lacking.
Solutions proposed
  1. Boost food production.
  2. Transform agriculture.
  3. Create jobs.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiAddress to the African Union’s F15 Group of Ministers of Finance by Dr. Akinwumi A. Adesina President, African Development Bank Group Washington DC, April 21, 2022

ContextAddress in Washington to the African Union's F15 group of finance ministers; the African Development Bank finances Africa's development and coordinates African positions.

Why it mattersAdesina presents an emergency food production plan to finance ministers.

Problems raised
  1. Africa faces a looming food crisis.
  2. Food production is disrupted by war.
  3. Partners are not yet mobilised.
Solutions proposed
  1. Support the African Emergency Food Production Plan.
  2. Deploy it quickly with agriculture ministers.
  3. Rally development partners behind it.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech delivered by Dr Akinwumi A. Adesina, President, African Development Bank at South Africa Investment Conference, Johannesburg, South Africa, March 23, 2022.

ContextSpeech at the South Africa Investment Conference in Johannesburg; the African Development Bank finances Africa's development and promotes investment in South Africa.

Why it mattersAdesina proposes a just transition facility for coal-dependent South Africa.

Problems raised
  1. South Africa relies on coal.
  2. The energy transition needs huge finance.
  3. Debt limits public capacity.
Solutions proposed
  1. Create a Just Energy Transition Facility with G7 partners.
  2. Finance the transition without adding debt.
  3. Invest in agriculture, energy, transport and youth jobs.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group at African Women Heads of State Initiative, Wednesday, March 23, 2022

ContextSpeech at an African Women Heads of State initiative event; the African Development Bank finances Africa's development and promotes women's leadership.

Why it mattersAdesina seeks investors for women-led businesses.

Problems raised
  1. Women-led businesses lack finance.
  2. Women are absent from value chains.
  3. Investors overlook women entrepreneurs.
Solutions proposed
  1. Secure investor interest in women-led businesses.
  2. Help women lead agro-processing value chains.
  3. Use the Africa Investment Forum.
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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group at the Thirty-Fifth Ordinary Session of the Assembly of the African Union Addis Ababa, 5-6 February 2022

ContextSpeech at the 35th ordinary session of the African Union Assembly in Addis Ababa; the African Development Bank finances Africa's development and supports AU priorities.

Why it mattersAdesina links insecurity to lost investment and youth opportunities.

Problems raised
  1. Insecurity undermines development.
  2. Young people lack opportunities.
  3. Investment is insufficient.
Solutions proposed
  1. Link security, investment and growth.
  2. Mobilise investment through the Forum.
  3. Build a better future for youth.
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